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  • August 23, 2014
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  1. Toll Global targets automotive logistics sector on mainland

    Posted Aug 17th 2010, 12:00am by Keith Wallis

    ... Keith Wallis Toll Global Logistics is eyeing China's burgeoning automotive industry as the company, an offshoot of Australia's Toll Group, consolidates its presence in the mainland's consumer logistics sector. The firm is also looking at the wider use of rail transport and possibly coastal shipping to reduce its reliance on road distribution. The plans were outlined ...

  2. Li & Fung to privatise IDS logistics business

    Posted Aug 11th 2010, 12:00am by Amanda Lee

    ... Amanda Lee Li & Fung Group is to privatise Integrated Distribution Services Group, its logistics service division. Shares of both companies were suspended yesterday pending the release ... operating costs. IDS, which has been listed on the Hong Kong bourse since 2004, provides logistics and distribution for Li & Fung. It had a market value of HK$5 billion based on Monday's ...

  3. Asia Energy invests in railway and ships to expand into logistics

    Posted Apr 23rd 2010, 12:00am by Eric Ng

    ... Eric Ng Beijing is encouraging private enterprises to invest in railway lines to help meet surging demand for the transport of freight, according to Asia Energy Logistics Group, the mainland's first private majority foreign-owned operator of cargo railways. The company, which focuses on waste incineration and power generation, is hoping to diversify into the logistics industry, ...

  4. Global Logistics plans US$1b mainland push

    Posted Mar 04th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Global Logistics Properties, Asia's largest warehouse landlord, expects to invest US$1 billion on the mainland in two years to expand its infrastructure network ... for its future development. 'By saying US$1 billion expansion, we will be selective in individual projects,' said Mei Ming, the president of Global Logistics. 'We will continue ...

  5. NWD deal fuels surge in Asia Logistics

    Posted Apr 03rd 2004, 12:00am by Staff Reporter

    ... Sidney Luk Shares in Asia Logistics Technologies jumped 81.81 per cent yesterday after New World Development (NWD) proposed selling its mobile-phone assets to the firm, but closed ... and another $1.25 billion in new shares and convertible bonds. NWD would receive 4.17 billion new shares in Asia Logistics at 1.2 cents each, totalling $50 million, and convertible bonds worth $1.2 ...

  6. Kerry buys mainland logistics firm

    Posted Sep 27th 2004, 12:00am by Sandy Li

    ... and logistics services provider on the mainland for about 380 million yuan. In an announcement issued yesterday, Kerry Properties said its wholly owned subsidiary, Kerry Logistics Network, had agreed ... international and domestic freight forwarding and express services, China-wide warehousing and distribution, exhibition forwarding and bonded logistics centres. 'The acquisition is a strategic step ...

  7. Macquarie unit plans to float logistics reit

    Posted Mar 02nd 2005, 12:00am by Staff Reporter

    ... Ernest Kong An investment arm of Australia's Macquarie Bank is planning to list in Hong Kong a real estate investment trust (reit) specialising in logistics-related industrial ... for logistics space in Hong Kong. The chief executive for Macquarie Goodman's Asia operation, Stephen Hawkins, said the venture aimed to float a reit in Hong Kong following its acquisition ...

  8. Logistics spun off, now for retailing

    Posted Dec 08th 2004, 12:00am by Staff Reporter

    ... Li & Fung Group chairman Victor Fung Kwok-king (left) drinks a toast to the successful listing yesterday of logistics unit Integrated Distribution Services with his mother Charity Fung Li Pui-yiu and brother William Fung Kwok-lun, group managing director. William Fung revealed that the group was keen to take full control of Toys 'R' Us Asia if its US venture ...

  9. Firm to consolidate mainland momentum

    Posted Sep 06th 2010, 12:00am by Ana Wang

    ... billion for the six months ended June. 'The results are above our expectations,' says David Kuk Tai-wai, the managing director of DCH Logistics. 'We plan to continue our expansion ... contributed 26.7 per cent. The remaining 6.7 per cent came from other markets including Singapore and Taiwan. DCH has businesses in the motor segment, food and logistics. The motor-related businesses ...

  10. Kerry finalises deal to buy Shanghai site

    Posted Aug 27th 2003, 12:00am by Russell Barling

    ... Kerry Logistics Network yesterday finalised a land purchase in Waigaoqiao Free Trade Zone which the company will use to build its second multi-purpose logistics centre in Shanghai. Kerry Logistics, a subsidiary of the Kerry Group (parent company of the SCMP Group), was to begin construction of the US$6.7 million project 'within two months', executive director Vincent Wong ...




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